Stock Rally Lifts Markets Amid Mixed News
The Dow Jones Industrial Average rose to 941.90, up 5.34 points, with 741 advances to 488 declines on the New York Stock Exchange amid slow trading. The NYSE index gained 0.48 to 59.79 and the American Stock Exchange index rose 0.06 to 26.30, as commerce data and peace talks influenced sentiment. Polaroid tumbled 55 percent to 108 percent, amid earnings doubts and competition from Berkey Photo and Pavelie Corp. Igloo Corp. climbed 5 percent after Coca Cola Bottling of New York announced a $39 million stock deal to acquire Igloo.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
American Stock Exchange
Commerce Department
Henry Kissinger
Paris
Polaroid
Berkey Photo
Pavelie Corp
Wall Street
Igloo Corp
Coca-Cola Bottling Co
Igloo
Elgin
Con Leasing
Alcon Lab
Pitney Bow
Seatrain
Lennar
Horizon
Ipf
LehValind Ve
Dow Jones
Ocks Jr
Iowa Dividend Notes and Footnote Codes for 1971 Sales Figures
Unofficial Iowa interest and dividend table notes explain that rates shown are annual disbursements based on last declarations. Footnotes a through t define special or extra dividends, stock dividends, liquidating dividends, timing, and accumulations, with new issues and stock payments noted for 1971 and 1972.
Cedar Rapids hog market prices ease from week’s highs
C R Markets report weak to 25 cents lower on Wednesday for Cedar Rapids hogs. Tuesday’s runs ranged 28.25 to 28.75 for 200 to 230 pound butchers, with heavier weights discounted. Packing sows down to 25.50 to 25.75, with further cuts for heavier weights and weight grades. Des Moines (UPI) notes interior Iowa southern Minnesota markets active with demand good, but butchers steady to 25 cents lower and sows steady. U.S. 1 3 200-230 lb butchers 27.75-29.00, 230-240 lb 27.75-28.75, 240-260 lb 27.75-28.00. Sows by weight 25.00-26.25 for 270-330 lb, 24.50-25.75 for 330-400, 24.25-25.25 for 400-450, 23.25-24.75 for 450-550. Weekly totals: Wednesday 80,000. Tuesday 97,000. week prior 94,000. year ago 89,000.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Des Moines
UPI
Iowa
Minnesota
U.S
Chicago Produce Prices From USDA Listings
Wholesale selling prices to Chicago show unsettled cents per dozen for eggs with 80 percent or better jumbo too few to report. Extra large white 40-41, large white 38-38 2, mediums 30-32, standards too few to report. Retailers pay Grade A cartons delivered extra large 40-43, large 38-40 2, mediums 33-35.
MENTIONED IN THIS ARTICLE
Chicago
UPI
USDA
Egas
Egg market report shows steady demand and unchanged prices
New York wholesale egg offerings remain abundant with movement steady but insufficient to clear stocks. Reported whites and fancy eggs vary by size with unquoted averages. butter offerings are limited and overall prices hold firm.
MENTIONED IN THIS ARTICLE
New York
USDA
Grain futures dip amid liquidation in Chicago trading
In Chicago the grain market eased as wheat futures fell about 4 cents and corn declined 3 cents amid wholesale selling. Soybeans slipped around 1 percent, and oats closed 24 cents lower. Close figures for December wheat at 2,0944, December corn at 1.39 percent, and November soybeans at 3.43.
MENTIONED IN THIS ARTICLE
Chicago
Chicago cash grain yesterday quotations
Chicago AP reports yesterday's Chicago cash grain prices with No. 2 soft red wheat at 2.09 and three quarters, No. 2 hard red at 2.0734, No. 2 yellow corn at 1.45 and a half, No. 2 extra heavy white oats at 0.8434, No. 1 yellow soybeans at 3.5634, and soybean oil at 9.62.
MENTIONED IN THIS ARTICLE
Chicago
Chicago (Ap
Market Report: Butchers and Sows Steady at Key Prices
Butchers and sows held steady with country prices showing butchers at 28.25 and sows at 25.25. Packing plants delivered within 28.00 to 28.50 for butchers and 25.00 to 25.50 for sows.
Des Moines Meat Prices Trimmed in Midwest Trade
AP reports Monday USDA Midwest carlo meat trade shows steer beef 50 lower in town and river markets with steer 600-900 lb at 52.00 and 500-700 lb beef at 50.50 510. Fresh pork cut trade weakens with loins 14 lb down 0.50, picnics steady to 0.50 lower, skinned hams steady to 0.50 higher, bellies steady. Loins 14 lb and down to 62.50, picnics 6-8 lb 36.00, hams 14-17 lb 52.50, 17-20 lb 51.50, bellies 10-12 lb 44.25-44.50, 12-14 lb 44.50, 14-16 lb 43.50.
MENTIONED IN THIS ARTICLE
DES Moines
USDA
Sa Paice
Neiter
Pest
Webster City Livestock Prices at Central Iowa Stockyards
Central Iowa Stockyards reports Wednesday cattle volumes with steers at 34.00 to 35.00, heifers 33.00 to 34.50, cows 22.00 to 28.50, and bulls 30.00 to 32.25. Hog prices steady to down, our butchers 28.25 to 28.75, top near 30. Boars under 350 pounds 21.00 to 24.00, over 350 pounds 23.00 to 23.25. Cautionary note on incomplete cashier’s estimate of cattle and hogs.
MENTIONED IN THIS ARTICLE
Webster City Livestock
Webster City
Central
Iowa
Caurtar'e
Postville Beef Market Prices Report
Postville market quotes prime steers 35.00 to 36.00. Choice cigors 34.00 to 35.00. Steers 32.50. Standard steers 28.50 to 00. Choice heifers 32.50 to 33.50. Good heifers 28.00 to 30.00. Utility cows 23.50 to 27.50. Canner and commercial cows 22.50 to 26.50. Bulls 30.00 to 32.00.
MENTIONED IN THIS ARTICLE
Postville
Market summary from Omaha hogs and cattle bids
UPI reports hogs and cattle prices with uneven weights and mixed bids. Hogs under 250 lbs weak to mostly 25 lower, over 250 lbs steady to 25 lower. sow prices 25 lower to 27.50. Cattle and calves show steers steady, heifers slightly softer, cows strong, feeder sales steady. several mixed lot prices quoted for various weights and grades.
MENTIONED IN THIS ARTICLE
Omaha
U.S
Choice
Hog and cattle market report from Sioux City
Sioux City market notes show hogs at 8,000 head with moderate activity and steady to 25 cent lower trends. Butchers 200-250 lb at 28.50 to 29.00, 350-450 lb sows 25.75 to 26.25. Cattle yard: 2,300 head, calves absent. Slaughter steers and heifers steady. 950-1,250 lb steers 34.50 to 35.50, 35.50 for higher grades. heifers 850-1,050 lb 32.75 to 33.75, 34.00 for top grades.
MENTIONED IN THIS ARTICLE
Sioux City
U.S
Heifers Choice
City Briefs and Local Ads Sweep Iowa City Area
Compact city briefs list meetings and events at Peoples Bank downtown and Kenwood Branch Library. Advertisements announce a barber shop move, candle supplies, wallpaper from Mackin Paint, roof and repair services, flower shop specials, and a theft report of a TV, stereo, and coin collection. Includes a church talk by William G. Faches and a Cedar Rapids Education Assn talk at the Elks club.
MENTIONED IN THIS ARTICLE
Carl Kane
The
Cedar Rapids Education Assn
Elks Club
Half Million Damages Sought in DeNada Inn Case
Flora Casey of Cedar Rapids filed in Linn district court claiming Charles Chado of the DeNada Inn contributed to her husband Norbert J. Casey becoming intoxicated. She alleges Casey, after leaving the inn, was struck at C Street SW and Sixteenth Avenue SW in September 1970, and seeks 505000 for family support.
MENTIONED IN THIS ARTICLE
Linn District Court
Cedar Rapids
Flora Casey
Charles ‘Chado
DeNada Inn
Sixth Street
Norbert J. Casey
C Street
Sixteenth Avenue
Casey
LeaseAmerica to Acquire Mid America Leasing
Peter F. Bezanson and W Stanley Pearce announced LeaseAmerica will buy Mid America Leasing Inc the Milwaukee based subsidiary of Association Corp. for an undisclosed cash amount. Consummation depends on an audit. The deal will raise LeaseAmerica's lease receivables to about 20 million and expand Wisconsin market presence.
MENTIONED IN THIS ARTICLE
Peter F. Bezanson
LeaseAmerica Corp
Cedar Rapids
W. Stanley Pearce
Association Corp
Milwaukee
Mid America Leasing, Inc
LeaseAmerica
MorAmerica Financial Corp
Bezanson
Wisconsin
Teacher Boosts Recycling Plant For C R Area
Coe College physics professor Dr Paul A Smith urged the city council to become fully informed about a proposed total waste recycling plant by Bob Condon and Jim Horn in Eastern Iowa. Mayor Donald Canney noted preliminary discussions but no formal proposal had been presented.
MENTIONED IN THIS ARTICLE
Coe College
Paul A. Smith
Citizens Environmental Council
Bob Condon
Jim Horn
Iowa
Santee Admits Breakin Count
James A. Santee, 24, of 1026 Eleventh Street NE, pled guilty in Linn district court to breaking and entering. He admitted involvement in the July breakin at Mobile Plywoods Inc, 1441 Blairs Ferry read NE. No items were reported missing. Sentencing set for November 3 after a pre-sentencing investigation ordered by Judge Robert Osmundson.
MENTIONED IN THIS ARTICLE
James A. Santee
Eleventh Street
Linn District Court
Santee
Mobile Plywoods, Inc
Blairs Ferry
Read
Robert Osmundson
Osmundson
Navy parachute instructor dies in training flight mishap
Lakehurst New Jersey Charles T Hendrix an enlisted navy parachute instructor with 800 jumps to his credit fell 3500 feet to his death Tuesday after apparently striking his head on the plane tail while exiting from a C 117 on a training flight The incident was reported by United Press International.
MENTIONED IN THIS ARTICLE
Lakehurst
N.J
UPI
Charles T. Hendrix
Pilot chose shorter runway to save fuel fatal jet crash
Federal investigators said pilot Richard Bingham chose the 5 000 foot runway over a longer option to save fuel. The F 86 Sabrejet, at an airshow, failed to lift and crashed into an ice cream parlor killing 22. Investigators noted the longer runway would have required waiting but could have been safer. Spectators captured footage of the moments before impact.
MENTIONED IN THIS ARTICLE
Sacramento
Calif
UPI
Richard Bingham
Novato
Noel Lawson
National Transportation Safety Board
Miller
Bingham
Lawson
State Hikes Interest on Public Funds
DES MOINES AP Interest rates Iowa banks must pay on deposits of some public funds will rise by a quarter of a percentage point effective Oct. 1. The state treasurer said the increase was ordered by the rate setting committee, and applies to single maturity deposits of $100,000 or more and to multiple maturity time deposits. All changes reflect minimum rates for various deposit maturities while keeping some rates unchanged under federal rules.
MENTIONED IN THIS ARTICLE
DES Moines
Iowa
Maurice Baringer
State Superintendent of Banking and Insurance Commissioner
Baringer
U S To Seek Dismissal Of Seale Contempt Charges
CHICAGO AP The government said it will ask a U S district court to drop contempt charges against Bobby Seale. Seale, 35, was severed from the Chicago Seven and sentenced to four years on 16 counts. The Seventh Circuit reversed and ordered a new trial. Officials cited national security in refusing to disclose electronic surveillance transcripts to Seale. The case previously did not pursue conspiracy charges related to crossing state lines to riot at the 1968 Democratic convention.
MENTIONED IN THIS ARTICLE
Chicago
U.S. District Court
Bobby Seale
Black Panther
Seale
Julius Hoffman
Seventh
U.S. Circuit Court of Appeals
James R. Thompson
U.S
Northern Illinois
Hoffman
Thompson
State Purchases Parking Lot Along 1 380 Route
Iowa highway commission bought a square block near the Quaker Oats plant for 192000 as part of Interstate 380 right of way. The Cedar Rapids Civic Development Assn. lot between Second and Third streets north of Avenue NE will be leased back for 1000 monthly until construction begins. Also approved a 145000 payment for 1229 F Avenue NE property owned by Edward Padzensky, including a 1968 auto repair shop and about one acre, with 52000 for land 89000 for building and 4000 for other improvements.
MENTIONED IN THIS ARTICLE
Ames
Iowa Highway Commission
Quaker Oats Co
Cedar Rapids
Highway Commission
F Avenue NE
Edward Padzensky
Benton Officials Capture Escapees From Rockwell City
Two women, Donna L. Medina and Carmen L. Toney, escaped from the women's reformatory at Rockwell City Monday night and were held in Linn county jail Wednesday pending transfer back to reformatory officials. apprehended Tuesday by Benton county authorities. They were moved to Linn county jail because Benton has no female-prison facilities. The women were to be returned to Rockwell City Wednesday afternoon.
MENTIONED IN THIS ARTICLE
Women’s Reformatory
Rockwell City
Linn County
Donna L. Medina
Centerville
Carmen L. Toney
Lucerne
Benton County
Linn
Marion Firm Wins Tree Removal Pact
The city council awarded Woods Tree Service of Marion a $10 000 contract to remove 233 trees in the northwest and southwest city quadrants. Two Marion firms Breeden Tree Service and National Tree Expert Co. of Owatonna Minn bid but were unsuccessful.
MENTIONED IN THIS ARTICLE
Woods Tree Service of
Marion
Breeden Tree Service
National Tree Expert Co
Owatonna
Minn
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Fund
Rein
Banks of
Beatrice Foods
Collins Radio
Xcel
Data Systems
Sage Gen. United Group
Harnischtor Guardsman
Owa Electric
Kidde Kueffel & Esser
Life Invest of
Franki M
Phila el
Phil Morr
Lie Pitney
Phill Pet
Gannett
Gen _Dynam
Publkind
GenElec
Ranco Inc Ralston P
Earnen
Codyr
Va Revion
Waleemer
Reyn Ind
GreenGiant
Roye Cos
RyderSy
Iwnind
Stregisp
H Sanders Asso
Halliburt
Va Signal Co
SingerCe
Sony C
South Co
Ideal
Sperryr
Va Square
Aeina Ste
St Brands
Airco
Kolisman
AlcanAly
Allied
AlliedStr
Stevensj
AllisChal
Itek Corpor
Jewel Co
Swift Co
John Man
Va Tektronx
KaisAlum
Teledyne
KanGsEl
Elex
Texaco
Es KayserRo
TexGifinc
Kerr
Kennecott
Texas
la Amp Inc
Ampex Corp
TimesMir
Anaconda
Todd Ship
Atlas Corp
Levitz Furn
Lockheed Air
Lonesga
Air
Beckman
Beecher
US Indust
Lykes
Univ Oil
Vt Nie Macke Co Ie
Ve Univ. Cmpta
Boeing Co
Borden
Magnvox
BorgWar
Marath
MarMid
Wachova
Mead Cp
Whittaker
Mobil Oil
Williams Co
Carrier
CartWal
Monsant
Winnebago
CastieCke Ia
Woolwth
Caterer
Va MorNor
X- Z
Cencovist
Xerox Cp
Cerro Cp
Mtstatt
Zenith Rule Corp
Associated Press
CessnaAir
Nabisco
Chris Craft
Chrysler
Va Lark Eq
A. Nat Indust
CocaCol ClevEulil
Nat Steel
A. Va
Colg Pal
Collins Rad
NewPow
Engel
Newmat
Norfolk
Noamr
Va NoStaPw
Northrop
Contl Corp
Norton
Ja NorSim
Vakla GE
CPC
Okla Ngs
Olin Corp
CrowColl
Owen
PacGsEl
Dart Ind
Pacltq
DavcoCr
PacPetrol
Dig Deere Co
Pacpwl
del Mate
Ant
Mal Pac
T&t
Delta Air
PanAm WaAir
STOX
Pasco Inc
DennyRs
Val Penn Cent
Sha DetEdi
Penn
Dr Pepper
Domens DowChm
Phelps O
Dressind
Duke Pw
auPont
Dug Lt
Vi Dynam Am
East Air_Lin
Eashod
Eaton
Echlin
Eipasong
EltraCo
Ethyl Co
Evan Pd
Fairch Cam
Fair Ind Inc
Fedders Fansteel
Fedn Mita
Feddstr
C.R. Markets
Hogs
Lamson Brothers
Waterloo Hogs
Livestock Futures Chicago
Pri
Postville Beef
Omaha Livestock
Sioux City Livestock
Concerned Citizens
Peoples Bank
Novak
St. S.E
Jerome’s
Adv
Kenwood Branch
First Avenue SE
William G. Faches
Bishops
Magnus
2Nd Ave
Palace Barber Shop
Rose
Donna Schilling
Fashion Manor
Mackin Paint
Mobile American Workshop
Lapes
3Rd Ave
Carmen Weithman
Hayes Street
Leonard Reyman
Evy
Cartwright
Iowa Vs
Jack Cohn
Leonard
1Th Street
Larry James
Danbury Street
Milwaukee Leasing
C.R
Benton
Bob Zimmerman
Ee Americas
Zimmerman
1St Ave
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